The filename breaks down as: vray_adv (V-Ray Advanced, the flagship version), 30003 (build version 3.00.03), max2014 (targets 3ds Max 2014), x64 (64-bit architecture).
For optimal performance, Chaos Group and industry professionals recommended: vray adv 30003 max2014 x64
64-bit (x64) exclusively. 32-bit systems are unsupported. The filename breaks down as: vray_adv (V-Ray Advanced,
: The software includes an updated material library and improved support for PBR (Physically-Based Rendering) materials, making it easier to achieve realistic material appearances. the flagship version)
The complete guide to Vermeer’s materials, artistry and painting techniques